Monbat AD Income Statement

Financials in millions BGN. Fiscal year is January - December.

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	398.09	385.38	392.06	369.66	367.36	304
Revenue Growth (YoY)	3.39%	-1.70%	6.06%	0.63%	20.84%	-7.89%
Cost of Revenue	249.1	239.96	258.65	257.85	241.34	196.44
Gross Profit	148.98	145.41	133.41	111.82	126.02	107.57
Selling, General & Admin	109.37	100.7	92.46	83.7	80.3	71.5
Other Operating Expenses	4.61	5.55	0.74	-6.82	2.7	5.22
Operating Expenses	138.53	130.04	115.52	97.11	100.68	96.28
Operating Income	10.45	15.37	17.89	14.7	25.34	11.29
Interest Expense	-11.25	-12.87	-12.15	-8.07	-6.15	-6.38
Interest & Investment Income	-	2.87	2.35	1.39	1.37	1.42
Earnings From Equity Investments	-	-	-	-	0.16	-
Currency Exchange Gain (Loss)	0.1	-0.11	-0.28	0.35	0.28	-2.21
Other Non Operating Income (Expenses)	0.94	0.94	3.13	-0.04	2.7	-0.76
EBT Excluding Unusual Items	0.25	6.21	10.95	8.34	23.71	3.36
Gain (Loss) on Sale of Investments	-0.27	-	5.87	0.31	-	-
Gain (Loss) on Sale of Assets	-	-	0	0.01	0.02	-
Asset Writedown	-0.27	-0.27	-	-	-	-
Pretax Income	-0.29	5.94	16.82	8.65	23.73	3.36
Income Tax Expense	1.3	1.21	6.39	1.67	3.62	2.28
Earnings From Continuing Operations	-1.59	4.73	10.43	6.98	20.11	1.07
Earnings From Discontinued Operations	-0.56	-0.67	-4.39	-3.03	-17.07	-
Net Income to Company	-2.15	4.06	6.04	3.95	3.05	1.07
Minority Interest in Earnings	-2.14	-1.48	0.27	0.58	-0.06	0.21
Net Income	-4.28	2.58	6.31	4.53	2.99	1.29
Net Income to Common	-4.28	2.58	6.31	4.53	2.99	1.29
Net Income Growth	-	-59.06%	39.17%	51.69%	132.61%	-89.17%
Shares Outstanding (Basic)	39	39	39	39	39	39
Shares Outstanding (Diluted)	39	39	39	39	39	39
Shares Change (YoY)	-	-0.01%	-0.06%	-0.02%	-	-
EPS (Basic)	-0.11	0.07	0.16	0.12	0.08	0.03
EPS (Diluted)	-0.11	0.07	0.16	0.12	0.08	0.03
EPS Growth	-	-59.06%	39.25%	51.72%	132.61%	-89.18%
Free Cash Flow	29.15	34.39	15.92	14.99	8.54	17.82
Free Cash Flow Per Share	0.75	0.88	0.41	0.38	0.22	0.46
Dividend Per Share	-	-	-	0.103	0.141	0.179
Dividend Growth	-	-	-	-27.23%	-21.43%	-
Gross Margin	37.43%	37.73%	34.03%	30.25%	34.30%	35.38%
Operating Margin	2.63%	3.99%	4.56%	3.98%	6.90%	3.71%
Profit Margin	-1.08%	0.67%	1.61%	1.23%	0.81%	0.42%
Free Cash Flow Margin	7.32%	8.92%	4.06%	4.05%	2.32%	5.86%
EBITDA	30.17	36.44	37.87	32.98	42.69	30.85
EBITDA Margin	7.58%	9.46%	9.66%	8.92%	11.62%	10.15%
D&A For EBITDA	19.72	21.07	19.98	18.27	17.35	19.56
EBIT	10.45	15.37	17.89	14.7	25.34	11.29
EBIT Margin	2.63%	3.99%	4.56%	3.98%	6.90%	3.71%
Effective Tax Rate	-	20.40%	37.99%	19.29%	15.25%	68.06%
Revenue as Reported	-	-	-	-	-	310.95
Advertising Expenses	-	0.64	0.67	-	0.33	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.